Q3

Global Silver Industrial Demand Forecast to Achieve New High in 2023

Retrieved on: 
Thursday, November 16, 2023

NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Silver Industrial demand is expected to grow 8% to a record 632 million ounces (Moz) this year.

Key Points: 
  • NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Silver Industrial demand is expected to grow 8% to a record 632 million ounces (Moz) this year.
  • Other key highlights from their presentation include:
    Globally, total silver demand is forecast to ease by 10% to reach 1.14 billion ounces in 2023.
  • Despite the fall, total demand remains elevated by historical standards, making the 2023 figure the second highest in Metals Focus’ data series.
  • Industrial demand in 2023 will achieve a new annual high.

Aurora Spine Corporation Announces Third Quarter Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, November 15, 2023

CARLSBAD, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the financial results for its third quarter fiscal 2023 ended September 30, 2023. All figures are in U.S. dollars.

Key Points: 
  • Management to host conference call for investors in coming week, details to follow -
    CARLSBAD, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the financial results for its third quarter fiscal 2023 ended September 30, 2023.
  • Full Release of SiLO TFX – With over 35 instrument sets release to the sales team, SiLO TFX sales increased 51% quarter over quarter making up 30.5% of sales in Q3 2023.
  • Mr. Trent Northcutt, President and Chief Executive Officer of Aurora Spine, stated, “We are pleased with our third quarter’s results.
  • Total operating expenses were $2.607 million for the third quarter of 2023, compared to $2.058 million in the third quarter of 2022.

Strategic Segmentation, Personalization and 33% Lower CPM Defend Against Holiday Shopping Challenges, AdRoll Reports

Retrieved on: 
Wednesday, November 15, 2023

However, the magnitude of this increase was relatively mild, especially factoring in the CPM drop earlier in the year.

Key Points: 
  • However, the magnitude of this increase was relatively mild, especially factoring in the CPM drop earlier in the year.
  • It signals that advertisers are still quite conservative and slower to ramp up their holiday campaigns this year.
  • Marketers will likely face a more challenging holiday shopping season this year, with holiday sales growth projections ranging from 3% to 4.6%, lower than those of previous years.
  • To succeed this holiday season, marketers need to take advantage of the lower CPM this year to get in front of high-intent shoppers and increase website conversions.

Nine-month interim report (Q3) 2023

Retrieved on: 
Wednesday, November 15, 2023

First interim readouts from the Phase 1 trial of the tablet treatment for peanut allergy are still expected end-2023.

Key Points: 
  • First interim readouts from the Phase 1 trial of the tablet treatment for peanut allergy are still expected end-2023.
  • Global tablet sales and SCIT/SLIT-drops sales are still expected to grow by double digits respectively in the second half of the year.
  • Additionally, we are excited about the positive results from the recent Phase 3 paediatric studies, reinforcing our long-term growth prospects.
  • Being new to the company, I want to thank all employees for their warm welcome and for their dedicated efforts.”

Complete Solaria Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

We now have a growing company with $88 million in annualized revenue that comes solely from the high-margin systems business.

Key Points: 
  • We now have a growing company with $88 million in annualized revenue that comes solely from the high-margin systems business.
  • As shown in the headcount graph below, by the end of the second quarter (WW26), our headcount had been reduced to 415.
  • Today (WW46), our headcount is down 33% to 285 and will be lower yet by the end of the quarter.
  • Complete Solaria now focuses solely on what it does best – the Systems business.

Orezone Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the three and nine months ended September 30, 2023. The consolidated financial statements and Management’s Discussion and Analysis are available at www.orezone.com and on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company will host a conference call and webcast on November 15, 2023 commencing at 8:00am PST to discuss the Company’s third quarter results. Additional details are provided at the end of this press release.

Key Points: 
  • The presence of transition ore results in slightly lower metallurgical recovery and the generation of additional ball mill scats that must be recirculated through the circuit to achieve the required grind size fraction.
  • The project to connect Bomboré to Burkina Faso’s national grid is advancing towards completion in December 2023.
  • The Company announced the results of an independent feasibility study for the Phase II hard rock plant expansion of the Bomboré mine on October 11, 2023.
  • Please see the Company’s news release dated October 11, 2023 for the full results of the 2023 FS.

Healthy Extracts Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

LAS VEGAS, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Healthy Extracts Inc. (OTCQB: HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported results for the three and nine months ended September 30, 2023.

Key Points: 
  • LAS VEGAS, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Healthy Extracts Inc. (OTCQB: HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported results for the three and nine months ended September 30, 2023.
  • Gross margin improved to 80.4% in the third quarter from 48.4% in the previous quarter due to a favorable shift to higher margin sales.
  • This compares to net loss of $170,000 or $(0.00) per basic and diluted share in the same year-ago quarter.
  • “In Q3, we continued to grow our top-line at a healthy double-digit pace as our product offerings, customer subscriptions, and distribution channels continued to expand,” commented Healthy Extracts president, Duke Pitts.

Polar Power Reports 12% Growth in Revenue During Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

GARDENA, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • GARDENA, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three and nine months ended September 30, 2023.
  • Working Capital was $13.3 million at the end of Q3 2023, compared with $17.3 million ending December 31, 2022.
  • Third Quarter and Nine-Month 2023 Financial Details:
    Net sales for Q3 2023 were $1.9 million, representing a 12% year-over-year increase from $1.7 million in Q3 2022.
  • The number of customers that purchased Polar DC generators during Q3 2023 increased to seventeen, as compared to six in Q3 2022.

Duos Technologies Group Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

JACKSONVILLE, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the third quarter (“Q3 2023”) ended September 30, 2023.

Key Points: 
  • JACKSONVILLE, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the third quarter (“Q3 2023”) ended September 30, 2023.
  • King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors.
  • It should be noted that the following Financial Results represent the consolidation of the Company with its subsidiaries Duos Technologies, Inc. and TrueVue360, Inc.
    Total revenue for Q3 2023 decreased 62% to $1.53 million compared to $4.02 million in the third quarter of 2022 (“Q3 2022”).
  • Duos also held $1.53 million in inventory as of September 30, 2023, consisting primarily of long-lead items for future RIP installations.

Nocopi Technologies Reports Third Quarter Financial Results

Retrieved on: 
Tuesday, November 14, 2023

KING OF PRUSSIA, Pa., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Nocopi Technologies, Inc. (OTC: NNUP), a developer of specialty reactive inks today announced results for its third quarter ended September 30, 2023.

Key Points: 
  • KING OF PRUSSIA, Pa., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Nocopi Technologies, Inc. (OTC: NNUP), a developer of specialty reactive inks today announced results for its third quarter ended September 30, 2023.
  • Excluding this renewal license agreement revenue in 2022 Q3, 2023 Q3 reported revenue would have been up 29% from 2022 Q2.
  • Gross profit decreased to $265,100 in the quarter from $493,500 during 2022 Q3.
  • Net loss for the quarter came in at $453,300, compared to net income of $206,500 in 2022 Q3.